More people are choosing the route of using E-learning as a way to study. Doing so allows a person to pick a subject and learn it absolutely anywhere – even in the comfort of their own bed.
These platforms also let people become teachers of a subject too. Skillshare is one of those. It is a place where you can create lesson plans, and digest them into bite-sized videos. (See ‘How Much Will Skillshare Cost You? A Quick Analysis Of Skillshare Costs.’)
Doing so will earn you money. Every minute watched by a premium student will secure you a passive income.
So, how do Skillshare teachers get paid? In this article, we shall take a look at the different ways you can get paid for being a teacher on the Skillshare platform.
How Do Skillshare Teachers Get Paid?
There are two main ways to make money as a teacher on Skillshare. Below we shall take a quick look at both of them.
A great way to make easy money on Skillshare is by using the referral link that you are given. If somebody signs up as a premium member, you will receive ten dollars for premium referrals.
This means that if you sign up ten people in one month, then that is a hundred dollars made.
However, it does mean posting out referral links and using social media platforms to allow people far and wide to use it. You cannot keep bothering your 30 Facebook friends!
The main way Skillshare teachers get paid is by how many premium members watch their videos. The minutes that are watched turn into how much money a Skillshare teacher gets paid.
However, the pay comes out of the Skillshare profits received that month from premium students.
Thirty percent of the premium membership profits of Skillshare are put into a royalty pool. This is used to pay the teachers.
You get the portion that you earned for that month on how many video minutes were watched.
Where Does The Skillshare Pay Go?
Currently, the only way to be paid by Skillshare is by receiving it through Paypal. More often than not, it is on the 16th of the month.
If you do not have a Paypal account, then you will need to sign up for one in order to be paid.
Maybe in the future, they will allow other payments to be set up, so do check Skillshare for the most up-to-date information.
Can You Become Rich Using Skillshare?
Do not quit that day job just yet. Unless you are getting an incredible amount of students watching your video courses, it is highly unlikely that you will be wanting to quit your ‘real’ job.
Using Skillshare as a teaching platform to make money can be a slow process. It is not something where you will suddenly become rich overnight. (Check out ‘Skillshare Revenue.’)
Most people will make around $50 each month for every Skillshare class they make. However, this can double, or triple, depending on how many online courses you have.
Because you will be earning this money as passive income, it is really low risk. It means you can make money without putting any risk factors in.
For example, you will have your regular job with a consistent income and you will not have spent thousands to start the project.
So, if you have never taught online before, Skillshare is a great platform to start on.
How Much Money Can Be Earned On Skillshare?
There are many success stories on Skillshare with people making one or two thousand a month. However, most of the time you are likely to make a few hundred dollars at best.
While there are those who are making a good portion of their money using the Skillshare platform, as you begin, you do not want to get it into your head that you should be earning thousands of dollars.
If you do, you are going to think that your first class has failed. This is because it is likely to only make just over a hundred dollars at best.
However, the great thing about Skillshare is that you can make money on every single video that you share, even if it was created and posted a few years back.
This is because new students will still be able to watch your online courses. This makes Skillshare a great place to earn passive income.
The amount you make each month may vary quite wildly. So keep this in mind!
If you are wanting to use Skillshare as a way to share your creativity with online course creation and get paid for doing so, then it is a great no-risk platform for a beginner.
There are two ways to get paid: via the referral program or the minutes watched on each video. Fortunately, this is every video and not just the most recent class.
This makes Skillshare a great place to earn passive income to supplement a day job.
So while you do not want to quit the 9 to 5 just yet, Skillshare is a good place to start earning some extra dollars.
Frequently Asked Questions
How do you get paid on Skillshare?
To get paid on Skillshare you need students to watch your videos. As a Skillshare instructor, you will then get paid between $0.05 to $0.10 per minute watched for an online course.
This also counts towards all courses watched, and not just your most recent, so you can make money on both old and every new class. You can also make extra money when people use your referral link to sign up for a premium membership.
Is using Skillshare a good way to get passive income?
Yes, Skillshare and other teaching platforms are a great way to earn passive income. You can use this money to supplement your day job.
Is it worth teaching on Skillshare?
Skillshare is a great platform to teach on. It is no risk and allows you to be creative while creating courses and earn money at the same time.
Does Skillshare own the content you post?
Skillshare states that it is the person who filmed and created the content who owns it. You can even post it elsewhere or sell courses outside of Skillshare, as Skillshare is not exclusive.